Visa
Bank or Bust: Selecting a Banking Partner
Why shouldn't we just save all our money in our mattress? Couldn't our money disappear? Pupils discover the benefits of utilizing banks and credit unions for saving money, as well as how to evaluate different types of...
Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
Curated OER
Costs & Benefits
Students reinforce the concept of the true costs being what is given up by doing something -- normally referred to as opportunity costs.
Curated OER
Life on the Trails
Fourth graders explore U.S. Geography by completing a worksheet. In this west coast geography lesson, 4th graders discuss the Santa Fe and Oregon-California trails and the people who traveled them in the 1800's. Students define...
Curated OER
Clothes from Grain: A Miracle or a Problem?
Learners read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of trade...
Curated OER
Oil and its Everyday Uses
Explore the properties of oil through an experiment. They use the scientific process to investigate oil, participate in experiments, watch videos,and use information from the internet to determine how oil has changed our...
Curated OER
Lesson on economic value of education
Students use economic reasoning to analyze both the short-term and long-term benefits and opportunity costs of educational choices, identify incentives that may influence students' career decisions and solve an "economic mystery"
Curated OER
Markets
Pupils examine the different types of economic markets. They identify rewards and penalties for different types of behaviors in different markets. They also examine the role of supply and demand.
NASA
Project X-51
In a nose-cone to nose-cone competition, which rocket will prevail? Teams form rocket companies to design and build a rocket while competing against other teams in an economic challenge. The team that comes up with the best benefit/cost...
Curated OER
Market Failure: Externalities and their Remedies
In this macroeconomics worksheet, students respond to 41 short answer and fill in the blank questions regarding economic concepts related to market failure.
Curated OER
Choice, Opportunity, Cost and Decisions
High schoolers discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
Measuring Economic Success
Students are introduced to the Gross Domestic Product and what this number tells us about the economy of the United States. In groups, they discuss what constitutes a healthy society and if the GDP is an accurate representation. They...
Curated OER
Introduction to Economics
Students demonstrate an understanding of the concepts of unlimited wants and limited resources. They participate in an activity using money to purchase goods and services. Students evaluate benefits and costs resulting from personal...
Curated OER
Externalities, Property Rights and Pollution
Students discuss the positive and negative externalities of various situations. They use the concept of property rights in discussing specific problems.
Curated OER
Externalities, Property Rights and Pollution
Students identify the various externalities for any type of production. Using that information, they examine situations in which they are positive and negative. They discuss government efforts to protect the environment and humans. In...
Curated OER
Inflation and Money
Learners examine the relationship between inflation and money. Defining key terms, they define money in terms of its functions and give examples of money. They discover what happens when inflation occurs unexpectedly. They also examine...
Curated OER
Solving Math Problems In the Real World
Upper elementary and middles schoolers discuss and solve real world applications of math. They use formulas for volume and percents to answer real world questions. In the second part of the lesson, groups write and solve word problems....
Curated OER
Chapter 23: Pure Competition
Taking your young economists through the characteristics of four market models (Pure Competition, Pure Monopoly, Oligopoly, and Monopolistic Competition), this presentation uses both charts and graphs to illustrate the necessary...
Council for Economic Education
Out of Africa: Why Early Humans Settled around the World
Why would someone want to leave home? The age-old question is at the center of a thought-provoking activity. Scholars consider why humans move around the world both during pre-historical times and today using a PowerPoint, reading on...
Chicago Botanic Garden
Faces of Climate Change
Sometimes, the best solution to a problem can be found by walking in someone else's shoes. Here, scholars use character cards to take on the roles of people around the world. They determine how their character's...
ProCon
Illegal Immigration
Should immigrants who illegally reside in the United States be eligible for citizenship? With information about undocumented immigrant population estimates, sanctuary cities, and unaccompanied immigrant children, pupils consider the pros...
Curated OER
Inflation and Money
Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.
Curated OER
How Much Will Movies Cost In The Future?
Students use data collection and analysis, statistics, and probability in problem-solving situations and communicate the reasoning used in solving these problems.
Curated OER
The Future of China's Economic System
Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...